economy

The 24X National Exchange will be established in two phases to meet the growing demand for overnight liquidity in US stocks, especially in the APAC region.

Walmart's focus on expanding its grocery segment, online services, and offering value products at low prices are some factors driving affluent people to the big-box retailer as people from all income groups continue to face the effects of prolonged inflation.

Walmart highlighted during its recent Q3 earnings call that it could raise prices on several of its products if Trump's plan to raise tariffs by 10% on all US imports is implemented during his second term.

Billionaire and renowned value investor Warren Buffett avoided buying back Berkshire Hathaway shares in Q3 as he deemed his company could be overvalued.

A free my Social Security Account will allow recipients to view the latest COLA notices detailing the exact amount they will receive starting next year.

Trump's plans to eliminate Social Security taxes could affect revenues flowing into OASI and HI trust funds by $1.5 trillion in the next ten years.

The widow, divorced for over a decade, put her three children through college and couldn't prioritise her life goals, including starting a retirement fund.

Since taking office as Speaker of the Florida House of Representatives in the mid-2000s, Senator Marco Rubio has used a corporate credit card issued by the party for his personal expenses, liquidated his retirement funds prematurely, and defaulted on a mortgage.

Trump's reelection could boost IPO activity, make banking regulations more lenient, and buoy energy stocks as he plans to drill from day one of his second tenure as US President.

Grant Cardone reveals his top five paths to wealth, from strategic investments to unexpected luck, emphasising self-confidence and value in the marketplace as essential for financial success

Kevin O'Leary reveals his mother's secret 32-year wealth-building strategy through disciplined saving and diversified investing.

Divorces are adding to the financial distress of US retirees, especially women who don't have a robust financial infrastructure as men, creating long-term income gaps.

Billionaire Mark Cuban wired the entire $40 million and completed the paperwork for the Gulfstream G5 entirely online after selling Broadcast.com to save time because he flew a lot for work.

Mark Cuban revealed how a receptionist embezzled $82,000 from his first company, MicroSolutions, a setback that nearly bankrupted the business and taught him critical lessons about handling employee theft.

BofA's former head of Financial Institutions Group, Gary Howe, is known for enforcing long working hours on junior bankers under him, which potentially played a role in the death of an ex-Green Beret who joined the bank to support his family.

50 Cent is among many artists who want their kids to work hard for money. The rapper is ashamed that his 27-year-old son thinks his father's wealth is his own and hopes he will change his ways soon.

Robert Kiyosaki believes investing in assets like dividend stocks, real estate, annuities, and loans can offer stable and regular income. He also suggests collecting royalties from the sale of intellectual property for additional income.

Ramit Sethi thinks women increasingly earning more than men is threatening their role as providers, driving relationship issues.

Ramit Sethi is concerned with influencers like Grant Cardone's portrayal of the middle class as losers who made the biggest mistake of buying into the idea of the middle class.

Ramsey thinks investing Social Security income starting at 62 in mutual funds can help overcome shortfalls for the early claim.

Russia has bypassed Western sanctions by striking a barter deal with Pakistan, exchanging agricultural goods like rice and mandarins for chickpeas and lentils, allowing trade to continue without monetary transactions.

Christopher DeVocht from British Columbia alleges that RBC didn't acknowledge his limited financial acumen and advised him to donate millions to charities and trade using a margin account via a new holding company to avoid taxes.

The senior woman is exploring ways to ask her boyfriend of three years if he would include her in his will despite the wealthy man having previously expressed no inclination to marry her.

The elusive winner of the $1.13 billion Mega Millions drawing in March has another six months to claim the prize. The unclaimed winning ticket was sold in the Neptune Township of Monmouth County, New Jersey.

Social Security checks are generally issued starting on the second Wednesday of each month, but some payments like SSI benefits arrive much earlier.

Supplemental security income (SSI) checks are issued on the first day of the month. However, they arrive earlier if the first falls on a weekend.

Berkshire Hathaway chairman Warren Buffett, 94, entrusted his children with the responsibility of donating his entire wealth upon his passing to charities of their choice. His new estate plans will also stop funding the Gates Foundation upon his death.

Warren Buffett struggles to get around the complexities at Nike, its lagging segments like golf equipment and helmets, and lack of clear competitive advantages despite top fund managers buying the stock as new CEO Elliott Hill plans to steer the company back to its roots.

The new tax will be adjusted when Social Security recipients in these states file their federal income tax returns. However, some states are working to extend exemptions to qualifying seniors.

The woman is exploring ways to recover her money after her ex-husband exploited their joint account to transfer her business savings to his personal accounts throughout the marriage. He didn't even spare her Visa business card.